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20130110
20130110
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Search Results 0 to 18 of about 19 (some duplicates have been removed)
to ease terms on its multi-billion euro bailout loan. the irish prime minister has told eu officials that solving his country's debt crisis is his top priority. >> the eu commission president was in dublin on thursday for a meeting to coincide with ireland taking over the rotating presidency. he also praised the irish government's efforts to bring its debt down. >> the irish prime minister and his deputy are looking ahead to six months at the helm of europe. it is a chance to tout ireland as proof that the u.'s reforms for the debt crisis can work. >> economic growth was stronger than expected at the end of last year. the deficit is lower than predicted. >> the irish government itself is confident. it aims to use its experience to help the e you find a way out of the current crisis. >> obviously, the president and his team are very conscious of ireland's own recovery story. we will work very diligently and energetically in terms of our agenda. >> ireland's first task will be to forge compromise on the eu budget in february. other priorities are boosting growth and progress toward an
the european politicians and believing in the euro project, are you? >> well, i was. breaking up, wouldn't be here -- >> you're going to tell me that you're convicted on the aussie/dollar. >> no, i'm not convicted. i'm admitting that i've been wrong. we think aussie is terribly overvalued and that's the problem, frankly. >> good to have you on. plenty more to come from you. the ecb is going to keep its interest rates at a record low today. that's what we expect, anyway. the markets will be listening to the delivery tone of mario draghi's delivery. silvia wadhwa is back at her delivery post. 2013 [ speaking foreign language ]. >> everything is going to stay the same. the ecb hasn't got anything to do right now. they've pretty much said everything on track, probably the best, cheapest intervention they had so far was the program. every month announced again. we stand ready to act, but so far they haven't had to do anything because nobody has asked for an omt program yet. but the market believes that the ecb is there as the backstop. so far, that was very successful. in terms of anything el
the atlantic on wall street this hour, let's check that out -- up 5.4%. the euro trading down just a tad against the greenback at a value of $1.3056. peugot says sales dropped last year. the automaker was hit by a drop in demand in europe where it sells about 2/3 of its cars. >> sales across the continent have slid as the eurozone crisis deepens, especially in spain and in italy. the company says it will intensify investment outside of europe and is aiming for half of its sales to come from overseas within two years. >> coming up, scientists are warning that the united states is facing severe drought for years to come. >> first, let's take a look at other stories making headlines right now. >> the government of the central african republic has begun meeting with rebels. officials say the negotiations are centering on the revision of a peace agreement signed back in 2007. the various rebel groups say they want to the president to resign. >> each of its president has been meeting with leaders of various palestinian factions. later, he met with the hamas leader. morsi is pushing for a recon
continues its weakening trend both against the dollar and the euro. right now we have dollar/yen at 88.12. the euro is at 115.444. triggers are selling the yen on speculation the bank of japan will take further monetary easing steps. >>> and that is going to wrap it up for biz tonight. let's check in now to see what's happening with the markets. ♪ >>> thousands of people waiting to go home. tons of debris waiting for disposal. vast tracks of land waiting to be restored. overcoming the challenges of japan's 2011 disaster won't be easy, but step by step people are moving forward. find out how on "the road ahead" every wednesday at 1:00 p.m. japan time right here on "newsline." >>> the people who oversee nuclear safety in japan are still finding their feet. they got to work at the nuclear regulation authority in september after the government merged two other agencies. >> reporter: he is doing a job that has not been done before. he's the new chair of a new agency. he says he's committed to making decisions based on the evidence, something he says that was hard to do before the accident
back to health in 2013. that did lead to a big spike in the euro, the euro with a 1% break, $1.32 versus the dollar. big news, as you can see, $1.32 as you can see on your screen for one euro. now, weak dollar, euro strength translates into an up day for gold. the precious metal rising more than 1%. that is about $20. there you go, up $20 and change. silver playing in this rally as you can see on the bottom of your screen, up a little more than 2% right now. well, last but certainly not least, take a look at oil. crude back near $94 a barrel, we're at $93.89 right now. big move on this one. it's all about china. oil imports rising more than 7% last month, offsetting the bearish demand picture in the u.s. inventories which are sitting right now at five-year highs. now let's get to our floor show, because we've got traders standing by at the new york stock exchange, the cme group and, of course, the nymex. jonathan is standing by at the new york stock exchange. all right, jonathan, talk to me about the move today that we're seeing. again, a lot of interest in the financials, top
100 locations in the european country. calling the euro crisis "temporary," mcdonald's' italian chief executive said the plan will create 3,000 jobs. along with its business in brazil, russia, china, and other countries, mcdonald's predicts its business in italy will grow over the next decade. a record number of people will be able to afford homes this year. that latest piece of encouraging news about the housing market comes from the national assocation of realtors. the group's index of housing affordability hit a record 194 in 2012. a reading of 100 indicates people earning a median income have exactly enough money to qualify for buying a median priced home. still, economists are concerned tight credit standards could put the brakes on home buyers. the irs is catching criticism for how it manages cases of identity theft. in a report issued to congress this week, a taxpayer advocate group accuses the irs of "falling short" in assisting victims of id theft. the group argues that the irs does not have the staff to handle the flood of cases it receives. cases of tax-related identity t
to the opening bell. we're watching also outside of equities a big move in the euro u.s. dollar up 1%, which is a huge move for the currency markets. we're also watching oil. oil also up by about a percent or so on the back of the very good china export data that came in overnight. >> nigerian barges out there with huge cargos as i'm trying to rationalize how is it that o oil -- we're paying so much for gasoline. >> mineral exploration company based in vancouver. owner and operator of fitness clubs in the northeast. up pretty much across the board. just jumping out at me, intel, hewlett-packard and dell still stringing together pretty nice gains. hugh let hewlett-packard up. very fascinating report out yesterday, we had tony on last night on fast talking about the sum of the parts analysis. if hp breaks up or just realized to its full potential under meg whitman, $29 a share is what he's pegging some of the parts analysis at. >> when you pronounce something dead, whether sprint versus verizon and at&t versus clearwire, what we discover is there's a resilience even to companies that we basica
auction where in their first big debt aukz of the year, they're 5.8 billion euros above their 5 billion target. here is what's happening across the curve in bond markets in europe. the spanish ten-year, 4.99%. in italy, 4.17%. the bund, meanwhile, about 1.5%. gilt just over 2%. the interesting point here, guys, is that part of the reason why this is we're waiting on the ecb's latest decision. they're not going to need to do much more if current market conditions prevail. this is a pretty good way for them to start. so that auction going well, spanish yields coming into euro. if i can give you a sense of what's happening in other markets, the euro is higher. european equities for the most part as you're looking there are mixed to flat. but here is a look at what's been grabbing our attention. up .3% to 1.31. that i just want to bring your attention to. the all of points down there, you're looking at the dollar/yen. that's the other major story that we continue to follow. 88 was the level breached in trade today as the yen continues to weaken by the dollar by .is 3%. we'll wait to see if
, the euro/dollar. the moves there off the ecb -- >> what? >> rick. >> look at the dollar index. >> can't hear anybody if everybody is talking on top of everybody else. >> talk about the currency market. that's really telling today, too, off the ecb stuff. >> off the ecb, off the monetary policy committee of the bank of england. the pound is up dramatically. the euro is up dramatically, and even though we're still all rallying against the yen, this is one of the biggest drops net day over day in the dollar index i can remember in a while. it's getting close to a whole cent drop. that's pretty big. >> let me get to gordon. we're seeing a real move up in the final hour. what are you seeing in terms of flow? where is the money moving, and who is buying? >> seeing institutional, again, across all sectors. the important thing is we're starting to see it in the financials which to me is the bellwether of this thing being a real bull move here to the upside, because behind financials you know that housing is going to be behind that, and that's going to be one of the things that we've been wait
ministers, with the imf, with the world bank issues, and most importantly now, with the euro zone and the crisis there. >> excellent point, andrea. that was always part of the job, but it never mattered as much as it has since the financial crisis. look, there is a club of central bankers, there's a club of finance ministers. there's sort of overlapping circles within that club. jack lew is not known to come part of that club. for one central banker to call another in the middle of a crisis and say, hey, we're going to do this and be able to talk on the phone and to really address global financial issues in a hurry, i'm not saying jack lew can't be part of that. i know he also has spoken with a lot of these people in the past. he has talked to business executives on a pretty regular basis. as for his priors, he is not a member of that club. >> now, if he does have the chops to come up with a budget deal and real entitlement reform, and coming from a liberal to progressive background, having worked for tip o'neill, and i was told started out in politics in new york city with the la
for 2013. oh, it's not just china, the market clobbered versus the euro something that our international companies they just love to see. it puts them here. >> house of pleasure. >> why else? how about the fact that ford, one of the best bell weathers of economic growth out there doubled its dividend last night. something i said was a possibility earlier this week when we recommended it as a way to play the auto super cycle i see playing out. yes, these are clear cases where our themes are the place to circle the wagons during the confusion of 2013. we can fret over the new treasury secretary. we can marvel about the battle royale over hedge fund managers. please stay away from that firing range. and we can ponder the oncoming train -- >> all aboard -- >> that is the debt ceiling debacle. or we can fall back on these themes i keep talking about. themes that give us a place to go within all the skirmishing that defines our marketplace day after day. we've gone over china, the banks, and housing. we've told you that the autos and insurance stocks should be bought on weakness and aerospace
time in the small town of toronto. my father was an academic who kept getting degrees and the euro monday when they got his phd in the two southwestern ohio for high school and college in minnesota. came to new york immediately had been there ever since. most of it and western. have a lot of minnesota team spirit and a father point back of his sister mother father were there. a lot of dna for minnesota. c-span: is marketing your big name? >> guest: yeah. c-span: what is yours? >> guest: panderer region in danish. c-span: what is your sense comes the similar background for vice president mondale, you know, he was there. >> guest: it really wanted to have an interview because i really wanted to reflect his point of view. josh and i were eager to hear him out on this. but i can't tell you because i never even got a chance. >> guest: you keep reading all these connections in this town and in this case, these folks are making millions and millions of dollars. why didn't anybody stop? >> guest: people try to solve it. there's a wonderful and go to an episode in the book for the cbo, cong
's socialist party are having second thoughts about the 75% tax on incomes over a million euros. joining us from washington, senior research fellow with the mercator center at george mason university. born and educated in paris, raised in normandy. welcome to the program. >> thank you for having me. stuart: we find it hard to believe french socialists are having second thoughts about a 75% tax which we thought they love the. are they missing gerard depardieu? >> i guess they are. we are not surprised that people are reacting so vibrantly to this punishing tax rate. i am always astounded that to realize lawmakers are actually surprised that taxpayers won't allow them to subject them to these punishing rates. stuart: i want to move to a second subject. i understand that the government in paris is actively moving against american corporations accusing them of non-payment for avoiding taxation. what are they doing and is that statement accurate? >> it is accurate but it is a typical french government response, reminds me of my 8-year-old, the dog ate my homework type of thing. this is a high ta
that europe is so lousy and euro is still at $1.32. [ woman ] if you have the audacity to believe your financial advisor should focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who think like you do. face time and think time make a difference. at edward jones, it's how we make sense of investing. maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. >> at 24 minutes past the hour, hello there, i have your fox news minute. israel's president perez is warning of a new palestinian uprising if israel doesn't do more to reach a peace accord. it is the second time in less than two weeks he has criticized prime minister benjamin netanyahu before the january 22nd elections. a commuter bus and mini school bus collided in new jersey this morning. at least 7 people on the commute
and caucuses recalculated. november 6th was the big enchilada and we had this huge network with euros that the research is news networks collect genius in the early voting. in the run-up to the election. we have used election night operation. for the only source for open wide results in many states the only source. as part of that operation, we've stringers in virtually every unit in the country, counties and most places. we have hundreds of people in entry centers, analyst at the data in our news network in the field, so we have a dirty good facility for seeing issues and problems and trends i guess you would say. we have a bias in that we look for things that causes problems with an interest other folks on the panel appeared more interested in things that make to these accounts specifically or affect the accuracy of the count. and we generated make a rule of expecting and preparing for the worse, which is not hard to do as they got ready for this election because we do redistricting year, number one. 10 states in the run-up to the election considered essential tossups, which makes e
things were looking better. the euro is strong. the dollar has pulled back significantly today. a lot of traders really focusing on currencies today as the dollar is lower. the vix, the fear index, is to the downside. oil and gold have been taking off. we've seen the automakers, names like gm and ford hitting 52-week highs. retailers have been mixed depending which one you're looking at the urban outfitters hit aring a 52-week high while tiffany's has been suffering today. back to you. melissa: thank you so much, nicole. the president's announcement for a new treasury secretary taking place in a few minutes. let's head over to john silva from wells fargo what jack lew means to the economy. thanks so much for joining us. >> sure. melissa: john, let me ask you. he is somebody that comes from the rubin school of economics. believes bigger government is better it seems. is that your impression of him and what does that mean in a treasury secretary. >> i think the president is choosing jack because of two reasons. one, he knows the fellow. they have worked together for a while. then second
. the whole effort to put the chicano or indigenous woman's experience on center stage is, in itself, for euro-american theaters, a radical position. because of the state of theater, it is a hard roll to hold up in institution. it is a hard road. i am looking at where we are 25 years later in the bay area, looking at how hard it is for us to strive to keep our theater is going, etc. i like to think that i'm not struggling quite as hard, personally, but what i mean by that, the intention, the commitment. particularly, to produce works that would not be produced in other places, and also to really nurture women of color artists. i think that is something that has not shifted for me in those 25 years, and it is good to see that brava remains committed to that kind of work. ♪ >> when people talk about the reflection of the community, we can only go from what we have on our staff. we have a south asian managing director, south african artistic director, latino community out rich person. aside from the staff, the other people, artists that we work with being a reflection of us, yes, the community
Search Results 0 to 18 of about 19 (some duplicates have been removed)